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Tuesday, November 14, 2023

Global Server Virtualization Market is Anticipated to Grow at a CAGR of 7% during 2024 to 2030

The future of the global server virtualization market looks promising with opportunities in the banking financial services and insurance, healthcare, IT & telecommunications, manufacturing, and transportation & logistics markets. The global server virtualization market is expected to reach an estimated $11.7 billion by 2030 with a CAGR of 7% from 2024 to 2030. The major drivers for this market are business operations are increasingly automated through the utilization of artificial intelligence and machine learning, growing application of cloud computing and virtualization based on OS containers, and rising need of adopting it solutions in accordance with shifts in consumer preferences.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the server virtualization market by component (hardware, hypervisor, and services), deployment mode (on-premise and cloud), organization size (small & medium-sized enterprises and large enterprises), end use (banking financial services & insurance, healthcare, IT & telecommunication, manufacturing, transportation & logistics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, hardware, hypervisor, and services are the major segments of server virtualization market by component. Lucintel forecasts that service will remain the largest segment over the forecast period because of necessity for expertise, continual support, and the enduring aspect of managing virtualization.Within this market, banking financial services & insurance will remain the largest segment due to its complex procurement requirements, which involve regulatory compliance, risk management, and cost optimization.

North America is expected to witness highest growth over the forecast period due to growing necessity to enhance efficiency and effectiveness in order to stimulate market growth within this region, as well as, existence of numerous big and small businesses around the area.

Vmware, Oracle, Red Hat, Citrix, Microsoft, Google, 12K2 Networks, PCS, Huawei, and Proxmox Servers Solutions are the major suppliers in the server virtualization market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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